Panattoni secures €21 million for distribution centre near Warsaw

05
Dec
2024
News - Panattoni secures €21 million for distribution centre near Warsaw #financing #logistics #Millennium Bank #Panattoni Europe #Poland #warehouse #Warsaw

by Property Forum | Industrial

Panattoni has secured €20.7 million in financing from Bank Milennium to develop a logistics hub for Auchan Polska. A fully robotic built-to-suit warehouse is to be constructed in Wilcza Góra near Warsaw.


“The financing from Bank Milennium will allow us to deliver an advanced, high-tech facility of strategic importance to our client. The integration of automated systems will enable Auchan to significantly streamline its operations and scale its e-commerce business in Poland”, stated Emilia Taczewska-Trojańska, the Head of Debt Finance Poland at Panattoni.

The new 18,000 sqm distribution centre will serve the customers of Auchan’s modernised internet platform.The solutions introduced in the facility will allow for the storage of a greater volume of goods, resulting in a wider choice of products available online. Eventually, customers will have access to a range up to 40,000 different products including fresh produce, groceries and many non-perishable items.

Construction began in the third quarter of this year and the work is scheduled for completion in June 2025. The first operations are to be launched as early as the fourth quarter of 2025.

The development is to be certified under BREEAM for a rating of Excellent, which will result in lower operating costs for its tenants.




New leases

  • UDH, one of Poland’s largest distributors of premium imported beers, has leased approximately 1,400 sq m of modern warehouse and office space at the Park Rysy Kraków distribution centre. The tenant, which has chosen to expand its operations in southern Poland, was once again represented by AXI IMMO.
  • Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.
  • Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.

New appointments

  • Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
  • Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.

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